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Gunvor likely to take oversubscription

21 June 2010

Energy trader Gunvor International has scored a syndication success and is expected to take the full amount of its oversubscribed trade revolver.

Read more: energy trader syndications Gunvor syndication Gunvor Singapore

Banks state that energy trader Gunvor International has secured more than $1 billion after its one-year trade loan increased during syndication.

The deal originally launched at $750 million and Trade Finance understands that Gunvor is likely to...


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